Custom Requests
Projects/developers with the requisite governance tier and who meet minimum liquidity requirements can create custom proposals to request access to a limited amount of the total dev-controlled liquidity from their holders. The developer must specify the amount of liquidity they wish to access, what it will be used for, and the wallet to which the funds will be sent. Because of the higher risk involved in allowing teams to access liquidity directly for non-approved reasons, a 66% majority will be required for approval, either at the end of the vote or before.
The amount of liquidity that can be applied for is dependent on the amount of $EXO tokens put up as collateral, which the developer can do without affecting their current governance tier. The developer will also specify a future deliverables deadline, on which a second vote will be held on whether the team kept their word and used the funds for the stated purpose. If 66% or more of the vote goes against the team, the $EXO tokens are forfeited and used to help replace the removed liquidity.
Last updated